（原标题：专访香港理工大学谭华耀：深耕光纤研究32年，孵化7家公司） 南方财经 21世纪经济报道记者 张伟泽 香港报道 "某种意义上，不是我选择了光纤，而是光纤选择了我。"香港理工大学光电子讲座教授及光子技术研究院副院长谭华耀如此说。 这句话总结了他与光纤技术30余年的不解之缘。 从一个因时代洪流而几无归处的华侨青年，到如今成为国际知名的光纤传感领域权威，谭华耀的经历本身就是一部跨越学术与产业的创新故事。 在谭华耀及其团队的主导下，2014年香港建成全球首个城市级光纤传感网络，监测6条MTR线路。该技术目前已覆盖香港九成以上的铁路线路， 并推广至新加坡、荷兰、澳大利亚等地。 2014年，谭华耀凭借激光传感技术在铁路监测中的应用，获得激光技术领域最高奖金的国际创新奖之一——Berthold Leibinger Innovationspreis创 新奖。 近年来，谭华耀团队将光纤传感技术从宏观的铁路监测延伸至微观的医疗应用。他们与墨尔本大学及医院合作，开发出直径仅为头发丝十分之一 的塑料光纤传感器，用于人工耳蜗植入手术。 目前，这项技术已进入临床试验阶段，正与墨尔本皇家维多利亚眼耳医院的外科医生以及全球最大的人工 ...

Core Points - 港铁公司 announced the appointment of Mr. Li Rizheng as the replacement director for non-executive director Mr. Xu Zhengyu, effective from November 20, 2025 [1] Company Summary - 港铁公司 is undergoing a leadership change with the appointment of Mr. Li Rizheng, who currently serves as the Deputy Secretary for Financial Affairs and Treasury (Treasury) [1] - The replacement is part of the company's governance structure, ensuring continuity in its board composition [1] Industry Context - The appointment reflects ongoing changes within the governance of major companies in the transportation sector, highlighting the importance of experienced leadership in maintaining operational stability [1]

港铁公司(00066)发布公告，公司宣布黎日正先生(财经事务及库务局副秘书长(库务)2)自2025年11月20日 起获公司非执行董事许正宇先生(财经事务及库务局局长)委任为其替任董事。 ...

格隆汇11月20日丨港铁公司(00066.HK)宣布，黎日正(财经事务及库务局副秘书长(库务)2)自2025年11月 20日起获公司非执行董事许正宇先生(财经事务及库务局局长)委任为其替任董事。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 MTR CORPORATION LIMITED 香港鐵路有限公司 (｢本公司｣) ( 於香港成立之有限公司 ) (股份代號﹕66) 替任董事之委任 本公司宣布黎日正先生（財經事務及庫務局副秘書長（庫務）2）自2025年11月20日起獲 本公司非執行董事許正宇先生（財經事務及庫務局局長）委任為其替任董事。 本公司宣布黎日正先生（財經事務及庫務局副秘書長（庫務）2）自2025年11月20日起獲本 公司非執行董事許正宇先生（財經事務及庫務局局長）委任為其替任董事。 黎日正先生（50歲）於1998年加入香港特別行政區（「香港特區」）政府任職政務主任。 他曾在多個決策局及部門服務，包括前房屋局、前經濟發展及勞工局、香港駐悉尼經濟貿易 辦事處、房屋署、行政長官辦公室、香港駐日內瓦經濟貿易辦事處及旅遊事務署。黎先生於 出任財經事務及庫務局副秘書長（庫務）2前，曾出任工業貿易署副署長（雙邊貿易、管制 及工商業支援）。 ...

Core Viewpoint - UBS has set a target price of HKD 24 for MTR Corporation (00066) and assigned a "Sell" rating, reflecting concerns over the company's long-term prospects despite a positive short-term reaction to recent bidding results [1] Group 1: Project Details - MTR Corporation announced that the contract for the first phase of the Tuen Mun District 16 station property development project has been awarded to Sun Hung Kai Properties (00016) [1] - The total gross floor area of the project is 601,000 square feet, expected to provide approximately 1,280 residential units [1] - The total investment for the project is HKD 6 billion, translating to a land price of about HKD 9,983 per square foot [1] Group 2: Financial Projections - Assuming the average selling price reaches the current level of similar projects in the area, specifically the Lung Mun project at HKD 12,750 per square foot, the overall development gross margin is estimated to be around 22% [1] - After profit sharing with MTR, the actual development profit margin for Sun Hung Kai Properties is approximately 15% [1] Group 3: Market Comparisons - The estimated overall land cost is about HKD 4,300 per square foot, which is 12% higher than the price paid by Sino Land (00083) for a similar project in August, but still 23% lower than initial estimates [1] - This indicates that the commercial returns from the Tuen Mun South Extension project are lower than initially expected [1] Group 4: Long-term Outlook - UBS anticipates a positive market reaction to the bidding results, but remains cautious about MTR's long-term outlook due to significant capital expenditure requirements and rising interest expenses associated with new railway projects [1] - Additionally, the attractiveness of land reserves outside the Tuen Mun South Line, such as Tung Chung East, Siu O Wan, and North District, is considered low [1]

Core Viewpoint - UBS has set a target price of HKD 24 for MTR Corporation (00066) and assigned a "Sell" rating, reflecting concerns over the company's long-term prospects despite a positive short-term reaction to a recent tender result [1] Group 1: Project Details - MTR Corporation announced that the contract for the first phase of the Tuen Mun Area 16 property development project has been awarded to Sun Hung Kai Properties (00016) [1] - The total gross floor area of the project is 601,000 square feet, expected to provide approximately 1,280 residential units [1] - The total investment for the project is estimated at HKD 6 billion, translating to a land price of about HKD 9,983 per square foot [1] Group 2: Financial Projections - Assuming the average selling price reaches the current level of similar projects in the area, specifically HKD 12,750 per square foot, the overall development gross margin is projected to be around 22% [1] - After profit sharing with MTR, the actual development profit margin for Sun Hung Kai is estimated to be about 15% [1] - The overall land cost is estimated at HKD 4,300 per square foot, which is 12% higher than the price paid by Sino Land (00083) for a similar project in August, but 23% lower than previous estimates [1] Group 3: Market Reaction and Long-term Outlook - UBS anticipates a positive market reaction to the tender results for MTR Corporation's stock [1] - However, the firm remains cautious about the company's long-term outlook due to significant capital expenditure requirements from new railway projects and rising interest expenses [1] - The attractiveness of MTR's land reserves outside the Tuen Mun South Line, such as Tung Chung East, Siu Ho Wan, and North District, is considered low [1]

Core Viewpoint - UBS reports that MTR Corporation's Tuen Mun District 16 Station Phase 1 property development contract has been awarded to Sun Hung Kai Properties, with a total floor area of 601,000 square feet, expected to provide approximately 1,280 residential units [1] Summary by Category Project Details - The total investment for the project is HKD 6 billion, translating to a land price of approximately HKD 9,983 per square foot [1] - If the average selling price reaches the current level of similar projects in the area, specifically at HKD 12,750 per square foot, the overall development gross margin is estimated to be around 22% [1] Financial Implications - After profit sharing with MTR, Sun Hung Kai's actual development profit margin is approximately 15% [1] - UBS anticipates a positive market reaction to MTR's tender results, but maintains a cautious outlook on the company's long-term prospects due to significant capital expenditure requirements from new railway projects and rising interest expenses [1] Target Price and Rating - UBS sets a target price of HKD 24 for MTR Corporation and assigns a "Sell" rating [1]

Group 1 - The announcement states that Mr. Lu Jia-jian will no longer serve as the alternate director for Mr. Xu Zhengyu, the non-executive director of the company, effective from November 6, 2025 [1]

Core Points - 港铁公司 announced that Mr. Lu Jia-jian will no longer serve as a non-executive director starting from November 6, 2025 [1] - Mr. Xu Zheng-yu, the Secretary for Financial Services and the Treasury, will take over as the replacement director [1]